Macquarie Infrastructure Corp. v. Moab Partners, L.P.
Docket No. | Op. Below | Argument | Opinion | Vote | Author | Term |
---|---|---|---|---|---|---|
22-1165 | 2nd Cir. | Jan 16, 2024 | Apr 12, 2024 | 9-0 | Sotomayor | OT 2023 |
Holding: Pure omissions are not actionable under SEC Rule 10b-5(b), which makes it unlawful to omit material facts in connection with buying or selling securities when that omission renders "statements made" misleading.
Judgment: Vacated and remanded, 9-0, in an opinion by Justice Sotomayor on April 12, 2024.
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